There is factually a HUGE SUPPLY of unsold homes all over Spain, including the Costa del Sol. Banks are having trouble even GETTING buyers at Auctions for discounted homes they sell. Sure prices are LOW, but buyers’ concern for ILlegality of house/ownership is VERY HIGH. If Spanish politicos on the “Road Shows” guarantee a legal purchase – they need to put up THEIR money as Law suits happen. ps. “Regularization” does NOT equal “fully Legal ownership” – nez pa?

What would it actually take to give buyers absolute confidence to buy property in Spain? Who is or are the people who can pass a strong enough law to guarantee safety for buyers? I,m thinking of a document, issued by the highest authority in the land that cannot be assailed by any other authority in Spain. In other words a proper deed that cannot be questioned. WHO is the law in Spain? Is there an actual final governership in this land? If there is,it should act in it’s own obvious interests, which is to remove this ridiculous log-jam of frozen property.

I dread to think off the ten of millions Spain is missing out on. Just shopping local tax. I have thought long and hard about buying. Truth is it safer to pay a few thousand to lease for a few months, no hang ups.
But for those of you who rent out. I will tell you what is putting people in UK of renting a house/villa in Spain st the moment.
Cannot ‘book in’ till 1600hrs. ‘Book out’ at ten in the morning as you need the time to clean ‘rubbish’, then want 70euros for cleaning. You are charging 350/500/700 euros a week that is now five days. You can now go to sharm 5* all inclusive for £400(with drink)I know it is difficult you do not know who is comming. For myself and friends flying in and out is an important part of out holiday, not hanging around airports
Because we had to leave at 10am

One presumes that it is in the best interests of Kyero to promote the notion that housing market will ‘bottom out’ this year. Hundreds of thousands of empty properties, record unemployment, massive budgets cuts, possible IMF intervention, political and social instability – these factors are unlikely to allow any such bottoming out.

Those involved in Spain’s unregulated property industry and the media too have been saying the market’s bottomed for years.

Truth is, no-one knows how many unsold homes there are in Spain, some figures say 800,000-1.6 million new builds for sale, or 2 million homes in total. Economists say it could take 15 years to get rid of this lot. If no-one buys these the market will never bottom, the Banks are offloading their stock for low prices which keeps all prices lower. Who will buy the unsold homes many of which are mass urbanisations and poorly constructed?

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Voted Spain‘s number one expat newspaper and second in the world, by 27,000 people polled by UK marketing group Tesca. “The best English newspaper in southern Spain,” according to the Rough Guide. The Olive Press is the English language newspaper for Andalucia. Local news from Costa del Sol and inland Andalucia plus national news from around Spain. A campaigning, community newspaper, the Olive Press represents the huge and growing expatriate community in southern Spain – 230,000 copies distributed monthly (160,000 digital impressions) with an estimated readership, including the website, of more than 500,000 people a month.